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Enter Symbol:
Nve Corporation (NVEC) [hlAlert]

up 12.50 %

Nve Corporation (NVEC) rated Overweight with price target $55 by GC Research

Posted on: Tuesday,  Jan 12, 2010  1:44 PM ET by GC Research

GC Research rated Overweight Nve Corporation (NASDAQ: NVEC) on 01/12/2010, when the stock price was $45.35. Since
then, Nve Corporation has gained 12.50% as of 08/27/2015's recent price of $51.02.
If you would have followed this GC Research's recommendation on NVEC, you would have gained 12.5% of your investment in 2053 days.

NVE Corporation (NVE) develops and sells devices that use spintronics, a nanotechnology that relies on electron spin rather than electron charge to acquire, store and transmit information. The Company manufactures high-performance spintronic products, including sensors and couplers that are used to acquire and transmit data. It has also licensed spintronic magnetoresistive random access memory technology (MRAM). The Company?s designs are generally based on either giant magnetoresistance (GMR) or tunneling magnetoresistance (TMR). These structures produce a change in electrical resistance depending on the electron spin orientation in a free layer. The Company?s sensor products detect the presence of a magnet or metal to determine position or speed. The GMR changes its electrical resistance depending on the magnetic field. In its devices, GMR is combined with conventional foundry integrated circuitry and packaged in the same way as conventional integrated circuits.

GC Research Ltd. is an equity research firm. It specializes in wireless, across the complete supply chain, wireline communications equipment, semiconductors for PCs, communications and consumer electronics, clean tech and nanotech, and technology companies in major elected international markets. The firm offers fundamental analysis, custom research, primary data collection, and technical analysis. It offers primary research, proprietary model, and supply chain coverage. It caters to institutional investors. GC Research Ltd. is based in Grand Cayman, Cayman Islands with additional offices at Boston, Massachusetts; New York, New York; and San Francisco, California.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/12/2010 1:44 PM Buy
45.35 55.00
as of 12/31/2010
1 Week down  -1.96 %
1 Month up  11.33 %
3 Months up  31.93 %
1 YTD up  25.18 %

(*) Stock Price at the time of the recommendation.
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